2015-08-10

Analyst Says First Tier Home Prices Will Stabilize in August

The price rise will decelerate in August according to one analyst.

The analyst Li Chunyan that in the first half of the real estate market to pick up during the first-tier cities house price index is far more positive reason, in addition to getting loose monetary policy to stimulate the outside, the long standing demand for the release is the main reason. However, due to the purchase of the policy, demand down, affecting bank credit tightening and other factors, the first-tier cities will be difficult to reproduce soared situation, the market is expected in August the trend will continue in July, the overall situation will remain stable.